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Last year, the cost-of-living adjustment, or COLA, was significantly lower, at just 3.2%. With that in mind, what would be considered a "typical" Social Security COLA?
The average Social Security COLA from 1975 to 2023 was 3.8%. However, the sky-high inflation in the 1970s and early 1980s skews this average somewhat. The median Social Security COLA during the ...
Image source: Getty Images. Social Security benefits lost buying power in 2025. The cost-of-living adjustment (COLA) applied to Social Security payments in any given year is based on CPI-W ...
The program's income cap — the threshold above which earnings aren't taxed for Social Security — will rise to $176,100 next year, up from $168,600 in the current calendar year.
As a result of the 2008 financial and mortgage crisis, a hefty 5.8% increase in COLA was applied in 2009, the most significant increase that Social Security benefits had seen since 1982.
Although the average monthly Social Security payment of $1,976 is $50 more than it was last year, not every beneficiary will see a $50 bump. The 2.5% increase is relative to how much Social ...
Between 1975 and 2023, Social Security's COLAs averaged 3.8%. Of course, that's just the average. There were some years with 0% increases (most recently, 2015) and some with double-digit increases ...
The Social Security program has existed since 1935, but COLAs were not introduced until the mid-1970s. Back then, the adjustments were much larger than they are now. Between 1975 and 1982, COLAs ...
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